INSUBCONTINENT EXCLUSIVE:
a National Pension System account online (all citizens model) and making a high-value payment
93 (excluding GST?) is applicable in case of the communication address given by the applicant is located within the country
In case of a foreign address is given by the application for communication in his or her PAN application, a fee of Rs 864 (excluding GST) is
applicable, according to the Income Tax Department website.PAN application mode of payment The payment against a PAN card application can be
made through a credit/debit card, a demand draft or through net-banking, according to the taxman
Once the application and payment is accepted, the applicant is required to send the supporting documents through courier or post to NSDL or
UTITSL (whichever agency chosen to apply for PAN)."Only after the receipt of the documents, PAN application would be processed by
NSDL/UTITSL," the Income Tax Department mentions.Documents requiredIndividuals applying for PAN are required to submit copies of relevant
documents such as proof of identity, proof of date of birth and proof of address
According to NSDL's website, tin-nsdl.com, a copy each of Aadhaar card, elector's photo identity card, driving license or passport can
be submitted as proof in the three categories, among other acceptable documents
For example, a matriculation certificate or marksheet of a recognised board is accepted as proof of age, according to the NSDL portal.(Read:
How to link PAN with State Bank of India account)Some important PAN card rules for taxpayersPAN is required for payment in cash for purchase
personal identification number issued by the Income Tax Department is also mandatory for deposit of cash amount to Rs 50,000 and above in a
50,000 or more to a company for acquiring its shares, or to a company/institution for acquiring its debentures or bonds also requires
Department has announced September 30 as the due date for linking the Aadhaar number with PAN (Permanent Account Number) "unless
Aadhaar number.Get the latest election news, live updates and election schedule for Lok Sabha Elections 2019 on
TheIndianSubcontinent.com/elections
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